Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • adjective Not having or having never had a savings, checking, or other account with a bank.
  • noun plural People who are unbanked. Used with the.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • adjective Not having been banked
  • adjective Not served by a bank

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

un- + bank + -ed

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Examples

  • I strongly believe that there will never be enough donor capital to bring microfinance to the scale it must reach if we are to address the needs of the billions of people who remain unbanked worldwide.

    Mary Ellen Iskenderian: Avoiding "Mission Drift": Do Microfinance Institutions Stop Serving Their Core Mission When Seeking Profit? Mary Ellen Iskenderian 2010

  • New fees could drive millions to join the 'unbanked' - Some say the end of free checking could lead many to drop accounts.

    StarTribune.com rss feed 2011

  • … Financial experts refer to these customers as the 'unbanked' - men and women who live from paycheck to paycheck or scrape by in cash economies.

    Rational Review 2009

  • Those so-called unbanked and underbanked Americans are disproportionally low-income and minority families, including more than half of black households, according to the Federal Deposit Insurance Corp. survey.

    unknown title 2009

  • Banks have largely ignored serving what are called the unbanked and underbanked, arguing it is difficult to figure out how to make

    WN.com - Business News 2009

  • Households were identified as unbanked if they answered "no" to the question, "Do you or does anyone in your household currently have a checking or savings account?"

    unknown title 2009

  • I mean, anyone who takes out a payday loan has to have a bank account, which already gets rid of the unbanked, which is tens of millions of people, including 20 percent of Latinos and African Americans.

    Democracy Now! 2009

  • Together these two groups - called the unbanked and the underbanked - comprise nearly 26 percent of all U.S. households, according to FDIC Chairman Sheila Bair.

    SFGate: Top News Stories 2009

  • Those so-called unbanked and underbanked Americans are disproportionally low-income and minority families, including more than half of black households, according to the Federal Deposit Insurance Corp. survey.

    unknown title 2009

  • From Zach Carter: "Poor people -- known as the "unbanked" -- frequently do at least one of two things around tax time that end up costing them a lot of money.

    HUFFPOST HILL - Reverend Al And Tim Geithner -- Of Course! Eliot Nelson 2011

Comments

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  • Credit card industry jargon for potential customers that haven't a credit card. Yet.

    January 28, 2010

  • C.f. unchurched.

    January 28, 2010

  • C.f. beveraged.

    January 29, 2010